BREWER CRITICISES TAXES

Hawera Star, Volume LII, 28 July 1932, Page 7

BREWER CRITICISES TAXES

LACK OF RELIEF POLICY

PROSPECTS OF’ IMPROVEMENT

(By Telegraph—Press Association.) AUCKLAND, July 98.

If the Government had shown as much, ingenuity and enterprise in devising ways Of solving the unemployment problem by providing reproductive work at ai living wage as it had shown in devising ways of extracting nonev from the taxayer.s, -row Zea,land’.s problems would have been speedily solved, said Mir. F. J. Kelli’her, managing director of Dominion Breweries Ltd., at the annual meeting today. The people were contributing the best part of £4,000,000 yearly towards unemployment and that huge sum was being spent without a definite plan or policy. Heavy taxation when the revenue from it was unsoundly spent became doubly heavy and the position of unemployment must thereby be aggravated instead of improved. It seemed fairly qibvions that if the Government persisted in the present policy the only relief people could look for must come from overseas.

Fortunately the indications, were brighter than has been the case for some time. The success of the British loan conversion pllan was a sure sign of returning to confidence and the drop in the Bank of England rate to two per cent, was, an infallible indication of cheaper and more plentiful money which meant Ibetter prices for our primary products.